This topic contains a solution. Click here to go to the answer

Author Question: The Marginal Propensity to Consume and the Marginal Propensity to SaveIf the marginal propensity to ... (Read 116 times)

Mscarter

  • Full Member
  • ***
  • Posts: 159

Question 1

The Marginal Propensity to Consume and the Marginal Propensity to Save

If disposable income increases by $120 million and saving increases by $35 million, then the marginal propensity to save (MPS) is ________. (Round to the nearest hundredth.)
◦ -2.43
◦ 3.43
◦ 0.71
◦ 0.29

Question 2

The Marginal Propensity to Consume and the Marginal Propensity to Save

If the marginal propensity to consume (MPC) is 0.65, then a $80 million decrease in disposable income will decrease consumption by ________ million. (Round to the nearest hundredth when appropriate.)
◦ $123.08
◦ $52
◦ $28
◦ $80


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Mscarter on Nov 23, 2022

xinyifff

  • Full Member
  • ***
  • Posts: 159
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly




Mscarter

  • Member
  • Posts: 159
Reply 2 on: Nov 23, 2022
Wow, this really help


carlsona147

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

For a complete list of videos, visit our video library